business
How top lawyer Eric Gumbo made his luck
Eric Gumbo is holding court in his backyard, a sweeping garden in Nairobi’s Runda.
10,000 private firms reported for money laundering deals
More than half of the 10,733 private companies reported for money laundering in Kenya are in...
Netflix Announces It Will Stop Reporting Subscriber Numbers in 2025
Netflix recently announced its Q1 2024 earnings report. The streaming giant noted that it topped expectations in terms of adding subscribers, gaining 9.33 million during that time and reaching almost 270 million subscribers around the world. However, despite surpassing Wall Street expectations, Netflix has announced that it will no longer be reporting subscriber numbers in 2025. While subscriber counts did go up, Netflix shares dropped more than 4.5% in after-hours trading. In its Q1 report to shareholders, Netflix said that engagement, which is measured in time spent on the platform, is the "best proxy for customer satisfaction." Therefore, it will no longer be reporting quarterly membership or average revenue per member. Netflix will be announcing "major subscriber milestones as we cross...
Artists paint horrors of Sudan’s civil war
Amnesty International Kenya had been planning to commemorate the first anniversary since the...
Improve mineral wealth checks
The other day, we woke up to the news that the government had suspended two Chinese mining...
UK firm gets manganese exploration licence
UK mining firm, Marula, has been awarded a Kenyan trading licence for manganese.
Landlords to reserve special slots for electric car chargers in new law
Owners of malls, factories, gated communities, and apartments will be required to reserve at...
Revealed: Sh14bn KCB, Absa exposure in Savannah Cement
KCB Group and Absa Bank Kenya are facing a Sh14.12 billion hit in the loss-making Savannah Cement.
Why two master bedrooms are the growing trend in Kenyan homes
For many wealthy Kenyan homeowners, one master bedroom is no longer adequate.
How to attract investments for our startups amid fierce competition
Starting a new business can be an exciting journey, but it often requires financial support to...
Mediation policy: Steps to cut costly risks arising from customer disputes
Customer complaints are very costly for any business.
Shilling is gaining value, but don’t expect it to last, expert says
Kenya operates a floating exchange rate regime. This means that the value of the shilling is...
